Total income of small finance banks in India FY 2023
In the financial year 2023, Au Small Finance Bank in India was leading with a total income of 92.4 billion Indian rupees. Equitas Small Finance Bank followed with over 48 billion Indian rupees. Small finance bank is a specialized segment of banking created by the Reserve Bank of India (RBI) to improve financial inclusion by undertaking banking activities for underserved and underprivileged sections of India.